American Well (AMWL) Expected to Announce Quarterly Earnings on Thursday

American Well (NYSE:AMWL) is expected to announce its Q1 2025 earnings results after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of ($3.09) per share and revenue of $60.15 million for the quarter. American Well has set its Q1 2025 guidance at EPS and its FY 2025 guidance at EPS.

American Well (NYSE:AMWL) last issued its quarterly earnings data on Wednesday, February 12th. The company reported ($2.77) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.04) by $0.27. American Well had a negative return on equity of 56.73% and a negative net margin of 81.83%. On average, analysts expect American Well to post $-9 EPS for the current fiscal year and $-6 EPS for the next fiscal year.

American Well Stock Down 0.6 %

AMWL traded down $0.05 during trading on Tuesday, reaching $7.21. The stock had a trading volume of 19,785 shares, compared to its average volume of 91,913. The firm has a market capitalization of $112.47 million, a price-to-earnings ratio of -0.51 and a beta of 1.22. American Well has a 1-year low of $5.00 and a 1-year high of $12.95. The stock has a 50 day moving average of $8.04 and a two-hundred day moving average of $8.90.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wells Fargo & Company upgraded American Well from an “equal weight” rating to an “overweight” rating and set a $15.00 price objective for the company in a research report on Monday, January 13th. Truist Financial lowered their price objective on American Well from $12.00 to $7.50 and set a “hold” rating on the stock in a research report on Thursday, April 10th. Needham & Company LLC reiterated a “hold” rating on shares of American Well in a research report on Thursday, February 13th. Finally, Stifel Nicolaus boosted their target price on shares of American Well from $9.00 to $10.00 and gave the stock a “hold” rating in a research note on Thursday, February 13th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $11.00.

Insider Activity

In related news, insider Phyllis Gotlib sold 4,781 shares of American Well stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $8.80, for a total transaction of $42,072.80. Following the transaction, the insider now owns 147,998 shares of the company’s stock, valued at $1,302,382.40. The trade was a 3.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 5,219 shares of company stock worth $46,454 in the last three months. Company insiders own 12.80% of the company’s stock.

American Well Company Profile

American Well Corporation, an enterprise platform and software company, delivers digitally enabling hybrid care in the United States and internationally. The company offers Converge, a cloud-based platform that enables health providers, payers, and innovators to provide in-person, virtual and automated care; and delivers virtual primary care, post-discharge follow-up, chronic condition management, virtual nursing, e-sitting, on-demand and scheduled virtual visits, specialty consults, automated care, and behavioral health, as well as specialty care programs, including dermatology, musculoskeletal care, second opinion, and cardiometabolic care to patients and members.